TPL Plastech Limited is recalibrating its leadership trajectory as it navigates a planned transition at the top. The company announced that Jayesh Ajitkumar Ashar will step down as Chief Executive Officer, effective at the close of business on November 30, 2026, citing personal family commitments. In a swift pivot, the board has approved the appointment of Mangesh Sarfare as Chief Executive Officer and aKey Managerial Personnel for a two-year term, starting December 1, 2026. The same board meeting also acknowledged Sarfare’s concomitant resignation from the post of Non-Executive Director, effective November 4, 2026, paving the way for a clean leadership handover.